IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v98y2024ics0301420724006767.html
   My bibliography  Save this article

Energy structure and green productivity dynamics: Investigation from OECD Countries

Author

Listed:
  • Bai, Ge
  • Shen, Zhiyang
  • Šermukšnytė-Alešiūnienė, Kristina
  • Štreimikienė, Dalia
  • Li, Tianxiang

Abstract

Aiming to provide insights for nations improving their natural resources management and facilitate smooth energy transition, this study investigates green productivity across 38 OECD countries by employing by-production technology, directional distance functions, data envelopment analysis, and the Luenberger-Hicks-Moorsteen (LHM) productivity indicator. The analysis includes a comparative examination of the LHM productivity indicator and its components, along with an exploration of the relationship between LHM indicator and the structure of renewable energy consumption. The main discoveries can be succinctly summarized as follows: Firstly, the LHM productivity indicator highlights growth driven primarily by technical progress (TP), despite impediments posed by changes in technical efficiency change (TEC) and scale efficiency change (SEC). Secondly, many countries have demonstrated successful attainment of positive green growth, with outstanding performances observed in Ireland and Latvia. Conversely, Turkey, Costa Rica, and Iceland exhibit relative shortcomings in terms of sustainability. Over time, there is a discernible widening gap in green productivity among countries, with improvements in TP being a major contributing factor to the growth of the LHM indicator in most nations. Thirdly, the study reveals that the consumption structure of renewable energy has a positive impact on the LHM indicator. Lastly, the transition towards sustainable energy yields a significant positive effect on smaller nations and those with lower per capita carbon dioxide emissions. This nuanced comprehension of the link between green productivity and the structures of renewable energy consumption provides valuable insights to the discourse on sustainable development and resource reallocation.

Suggested Citation

  • Bai, Ge & Shen, Zhiyang & Šermukšnytė-Alešiūnienė, Kristina & Štreimikienė, Dalia & Li, Tianxiang, 2024. "Energy structure and green productivity dynamics: Investigation from OECD Countries," Resources Policy, Elsevier, vol. 98(C).
  • Handle: RePEc:eee:jrpoli:v:98:y:2024:i:c:s0301420724006767
    DOI: 10.1016/j.resourpol.2024.105309
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420724006767
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.resourpol.2024.105309?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jrpoli:v:98:y:2024:i:c:s0301420724006767. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.